2 Strangford Lane

FOR SALE
$949,900
2 Strangford Lane, Scarborough
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4
BEDROOMS
4
BATHROOMS
1
KITCHENS
6 + 1
ROOMS
E9354359
MLSID
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Property Description
4BR, 4WR TOWNHOUSE, WITH OPEN CONCEPT, DINING SPACE WITH W/O TO PRIVATE BALCONY. CUSTOM KIATCHEN WITH GRANITE COUNTERTOPS, BREAKFAST ISLAND WITH OVERHEAD BAR.
Extras
S/S FRIDGE, STOVE, MICROWAVE, DISHWASHER; WASHER & DRYER. ALL LIGHT FIXTURES AND WINDOW COVERINGS.
Nearby Intersections
Property Details
Property Type
Att/Row/Townhouse, 3-Storey
Lot Size
14' x 55'
Fronting
North
Taxes
$3,488 (2023)
Basement
Finished
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
1
Driveway
Lane
Garage Type
Built-In
Scarborough Market Statistics
Scarborough Price Trend
2 Strangford Lane is a 4-bedroom 4-bathroom townhome listed for sale at $949,900, which is $161,622 (14.5%) lower than the average sold price of $1,111,522 in the last 30 days (August 19 - September 17). During the last 30 days the average sold price for a 4 bedroom townhome in Scarborough declined by $43,176 (3.7%) compared to the previous 30 day period (July 20 - August 18) and up $124,341 (12.6%) from the same time one year ago.
Inventory Change
There were 70 4-bedroom townhomes listed in Scarborough over the last 30 days (August 19 - September 17), which is up 25.0% compared with the previous 30 day period (July 20 - August 18) and up 42.9% compared with the same period last year.
Sold Price Above/Below Asking ($)
4-bedroom townhomes in Scarborough typically sold $38,586 (3.5%) above asking price over the last 30 days (August 19 - September 17), which represents a $685 decrease compared to the previous 30 day period (July 20 - August 18) and $16,207 more than the same period last year.
Sales to New Listings Ratio
Sold-to-New-Listings ration (SNLR) is a metric that represents the percentage of sold listings to new listings over a given period. The value below 40% is considered Buyer's market whereas above 60% is viewed as Seller's market. SNLR for 4-bedroom townhomes in Scarborough over the last 30 days (August 19 - September 17) stood at 31.4%, up from 19.6% over the previous 30 days (July 20 - August 18) and down from 32.7% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 4-bedroom 4-bathroom townhome in Scarborough stood at 30 days when successfully sold over the last 30 days (August 19 - September 17), compared to 64 days before being removed from the market upon being suspended or terminated.
Listing contracted with Homelife Superstars Real Estate Limited
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